Costa Rica’s state-run power company Instituto Costarricense de Electricidad (ICE) has begun operations of the 49 MW Toro III hydro in Alajuela province as part of the country’s plans to add 1.06 GW hydroelectricity by 2020.
Toro III joins stages I (26.8 MW) and II (66 MW) that came online in 1995 and 1996, respectively, and use water from the Toro river basin.
Costa Rica will lead Central America capacity and consumption demand in 2027 with 3.43 GW and 21 TWh. The $188 million project was financed via a trust from Banco de Costa Rica with contributions from ICE and Cartago municipal utility Jasec.